NASDAQ Composite ended the session with Tesla rising 2.44% to $661.77 on Thursday, following last session’s upward trend. NASDAQ Composite jumped 0.26% to $12,804.70, following last session’s downward trend on what was a somewhat positive trend exchanging session today.
Tesla today’s close was $661.77, 5.02% below its 52-week high of $695.00.
News about Tesla today
Elon Musk said combining spacex, Tesla, neuralink, and boring under a megacorporation called 'x' would be a 'good idea'. According to today’s article on Business Insider, "Currently, only Tesla is publicly-traded.", "Musk owns or part-owns electric car maker Tesla, aerospace giant SpaceX, neurotech company Neuralink, and transport tunnel maker Boring Company. "
They're called $tsla-naires. Tesla stock surge has made many a quick 7 figures. According to today’s article on MarketWatch, "Smith, who doesn’t even own a Tesla vehicle, is one of countless fans who have pledge their undying devotion to Elon Musk and, to this point, have been rewarded handsomely for it."
Hawaii's first Tesla supercharger May be built on oracle billionaire larry ellison's island that only has 30 miles of paved roads. According to today’s article on Business Insider, "And Ellison’s wellness company, Sensei, operates hydroponic farms powered by 1,600 Tesla solar panels, according to Forbes.", "Lanai’s Four Seasons Resorts, owned by Ellison, use Tesla Model X crossovers to ferry visitors around the island as well as to and from the airport. "
Tesla’s sales growth is 35.1% for the ongoing quarter and 59.8% for the next. The company’s growth estimates for the current quarter and the next is 114.6% and 265.2%, respectively.
Year-on-year quarterly revenue growth grew by 39.2%, now sitting on 28.18B for the twelve trailing months.
Tesla’s Stock Yearly Top and Bottom Value
Tesla’s stock is valued at $661.77 at 16:06 EST, below its 52-week high of $695.00 and way above its 52-week low of $70.10.
Tesla’s Moving Average
Tesla’s worth is way higher than its 50-day moving average of $547.14 and way higher than its 200-day moving average of $395.71.
Previous days news about Tesla
Tesla drops 4.5% in first day of trading on the S&P 500 index. According to Bloomberg Quint on Mon Dec 21, "According to Susquehanna quantitative derivative strategist Souhow Yao, the inclusion will have a limited impact on implied volatility, and that if Tesla was added a month ago, volatility for the S&P 500 would have actually decreased.", "Traders who spent most of the year pushing up shares of Tesla in anticipation of surging demand from index funds saw its climax Friday, as frantic purchases by passive managers drove the shares up almost 5% as exchanges closed. "
Tesla is technically the 'spiders' 5th highest weighted component. According to MarketWatch on Mon Dec 21, "Above Tesla in weightings is Apple Inc. at 6.478904, Microsoft Corp. at 5.289761, Amazon.com Inc. at 4.370437 and Facebook Inc. at 2.126779.", "Tesla Inc. is technically a lot smaller than Google-parent Alphabet Inc. , but it technically carries a higher weighting in the SPDR S&P 500 ETF (SPY), given that Alphabet’s weightings are split between its Class A and Class C shares. "
Tesla, Zoom, Nike: what to watch when the stock market opens today. According to The Wall Street Journal on Mon Dec 21, "Tesla joins the S&P 500 today after closing at its latest record high on Friday. "
Stocks making the biggest moves in the premarket: Tesla, Nike, JPMorgan chase & more. According to CNBC on Mon Dec 21, "Tesla (TSLA) – Tesla joins the S&P 500 index as of today, following a high-volume day of trading Friday as index fund managers prepared for its inclusion. ", "Tesla will have the 6th largest market cap in the index, behind Apple, Microsoft, Amazon, Alphabet, and Facebook. "
Tesla fuels $166 billion bonanza in a risky corner of finance. According to Bloomberg Quint on Mon Dec 21, "The eightfold surge in Tesla’s shares this year building up to Monday’s disruptive debut in the S&P 500 has supercharged the value of its outstanding notes.", "For example, Tesla’s first convertible was a $600 million issue in May 2013 with a conversion price of $124.52. "
Dow loses grip on 30,000 early Monday as investors worry about coronavirus spread; Tesla sees first trade as S&P 500 member. According to MarketWatch on Mon Dec 21, "Markets also are focused on Tesla Inc. , which is seeing its first trading day as an S&P 500 member."
3 takeaways for retail investors now that Tesla has joined the S&P 500. According to MarketWatch on Mon Dec 21, ""Tesla is such an interesting and controversial stock," Hlohinec said. ", "Debates on the market value of Tesla stock are "more heated than the last election," said Mark Struthers, a financial adviser with Sona Wealth Advisors, based in Chanhassen, Minn. "
Tesla shares slide on first day of trading in S&P 500. According to The Wall Street Journal on Mon Dec 21, "The declines in Tesla, the sixth-largest company in the market-cap-weighted index, contributed less than one-tenth of a percentage point to the S&P 500’s 1.2% slide.", "The electric-car maker’s shares slumped 5.1% in morning trading, suggesting some investors were cashing out following Tesla’s addition to the S&P 500. "
Tesla stock has made its debut in the S&P 500. do you know if you're an owner?. According to MarketWatch on Mon Dec 21, "But there are plenty of other, smaller, exchange-traded funds that represent "slices of the market," in the words of Todd Rosenbluth, CFRA’s director of mutual fund and ETF research, whose holders may be surprised to find that they are suddenly owners of Tesla shares.", "Investors in these ETFs this morning "may have had either an early Christmas present or a lump of coal," Rosenbluth told MarketWatch, depending on their views of Tesla – and of the stocks that made way for it in the portfolio."
Bearish bets against Tesla stock have fallen to a record low, data provider says. According to MarketWatch on Mon Dec 21, "Read: has surged a respectable 14.3% in 2020, the Dow Jones Industrial Average has climbed nearly 6% in the year to date and the technology-laden Nasdaq Composite Index , where Tesla resides, is on pace for a 42% return on the year.", "Tesla has begun charting a familiarly bumpy path as a new member of an old stock index on Monday."
Apple’s car plan creates Tesla bear case, morgan stanley says. According to Bloomberg Quint on Tue Dec 22, "Tesla Inc. shares fell as much as 5.5% Tuesday, adding to their 6.5% drop on Monday, after Reuters reported that Apple is moving forward with autonomous technology and aims to produce a passenger vehicle by 2024 that could include its own battery design. ", "Apple Inc.’s reported foray into making its own self-driving, electric cars creates "a new Tesla bear case," according to analysts at Morgan Stanley."
Elon Musk says that he wanted Apple to buy Tesla during the company's 'darkest days,' but Tim Cook wouldn't take the meeting. According to Business Insider on Tue Dec 22, ""During the darkest days of the Model 3 program, I reached out to Tim Cook to discuss the possibility of Apple acquiring Tesla (for 1/10 of our current value)," Musk wrote. ", "Now, Apple reportedly hopes to launch its own passenger vehicle for consumers, which would compete directly with Tesla, versus plans from competitors like Waymo, which plans to build robo-taxis."
Musk says Apple CEO refused talks for Tesla at $60 billion. According to Bloomberg Quint on Tue Dec 22, "Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about $60 billion.", "In 2017, Tesla burned cash as it ramped up output of its mass-market Model 3 electric vehicle. "
Tesla faces 'formidable bear case' over Apple's EV plans, says morgan stanley. According to Business Insider on Wed Dec 23, "Tesla Price Action: Tesla shares closed nearly 1.5% lower at $640.34 on Tuesday and fell 0.94% in the after-hours session.", "The Tesla Analyst: Jonas gave Tesla a Buy-equivalent rating in a note Tuesday and assigned a price target of $540 for the stock, which is almost 15% below the stock’s closing price on Tuesday, as reportedbyBloomberg."
Will Tesla destabilize the S&P 500?. According to Business Insider on Wed Dec 23, "In the past year, Tesla has averaged a one-day up or down move of 4.1%, about four times the S&P 500’s long-term standard deviation of daily returns. ", "Tesla And Amazon: Colas said Tesla more closely resembles Amazon than Facebook and Alphabet, suggesting investors should be prepared for the stock’s volatility to continue in 2021 and beyond."